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Qualcomm (QCOM) Picks Up Israeli-based DesignArt Networks

Qualcomm Incorporated (NASDAQ:QCOM) today announced it has acquired “small cell,” Israeli-based DesignArt Networks. DesignArt Networks produces things such as small cell modem and system design aimed at cellular base stations and wireless backhaul infrastructures.  It would seem that QCOM is interested in broadening their product portfolio by incorporating DesignArt Networks’ existing system-on-chip (SoC) and software products. Here’s what QCOM released today regarding the acquisition, “DesignArt and its products will... 
 
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